Citigroup raises targets on Swedish Sandvik, Atlas Copco

Posted on: Mon, 28 Sep 2009 07:58:00 EDT


Symbols: SDVKY
Sep 28, 2009 (M2 PRESSWIRE via COMTEX) --
SDVKY | Quote | Chart | News | PowerRating -- 28 September 2009 - Citigroup has raised the share price targets on
Swedish engineering companies Sandvik AB (STO: SAND) and Atlas Copco AB
(STO: ATCO A) to SEK78 from SEK55, and to SEK70 from SEK58,
respectively.

The stockbroker gave a "hold" recommendation on Sandvik and a "sell" on
Atlas Copco.

By 10:45 CET on Monday, Sandvik stock had added 0.13% to SEK76.50 on
the OMX Nordic Exchange in Stockholm, while by 10:48 CET the A-series
shares in Atlas Copco had slipped 0.56% to SEK89.

(EUR1 = SEK10.1)

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